Comments on: Amazon to pay $51 million to settle Toys 'R' Us suit
Retailer said it will pay "unexpected" sum in third quarter to settle 2004 suit over partnerships terms.
Retailer said it will pay "unexpected" sum in third quarter to settle 2004 suit over partnerships terms.
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http://www.msnbc.msn.com/id/11641703/
If someone didn't get their 2000 order yet, the matter better be resolved by now and there's no point to bring it up. It's just sour grapes.
If Amazon had no contract to abide to, they wouldn't be paying $51 million this summer. Not receiving your $10 worth of goods 5 years ago is irrellevant... if they had a case to terminate their involvement they should have done it properly.
Isn't it amazing how the big guys fall foul of the laws they're only to keen to exploit when it suits them. Toys'r'us had the clout to fight and win, regardless of whether they were the architects of the problem.
- by gmhendo June 15, 2009 3:16 PM PDT
- $51 million, $200 million, $750 million are the numbers in the claims and counter claims. The legal costs are probably on top of that. So box on guys.
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(11 Comments)But next time you go into Toys R Us, or buy off Amazon, be mindful that you are paying for these games. These guys make anti-competitive deals that force higher prices, and then go for an expensive divorce that again smacks the consumers.
Look for a better deal America!
Amazon already phases me with their freight charges, and I just won't buy from Toys ever again.